2x to 3x

I mean accumulative credit.

Bank A - 2x
Bank B - 3x
Bank C - 1.5x

It's depends...

it depends on your commitments including other loans. my accumulative cl of all my cc already over 20x of my salary. itu pun because i got many other car/house loans which already amounted to over rm1juta+... uncle hutang keliling punggung (dah terlalu berat untuk pinggang support).

will having too many credit cards hinder loan application in the future?

yes, it will more or less affect your loan application in the future.

But what if all credit cards was fully settled on time? Doesn't it actually showing you have a clean/good record?

yes, what i mean affect is in a way that your loan may only be approved with lesser amount.

Hi boss, just curious.

Would it be a bad sign for banks if I apply for several cards at the same time?

I am not in debt, just wanna utilize more cards for cashbacks and benefits.

All my current cards are fully settled before statement date every month and I don't have any car loan and any form of liability.

What I earn is what I get every month after deductions to EPF/etc.

no problem if you just apply few cards around the same time, but not intended to apply for loans soon afterwards too.
if cc rejected, it's not a problem for you because you just lose the cb/benefits of using the cc.
but if your loans were rejected means you can't proceed with your car/house purchase (which will be messy if you already paid downpayment for it).

yeah.. not affected one..

last time applied 5 cards at one shot all got approved with high limits..

latest i get is MACH card from HLB.. very fast and efficient process time

Just would like to share that I'm able to online purchased latest movie 2 tickets by GSC HL credit card with the price only RM14!!


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Was there a reason why you couldn't before?

I will be paying for a medical bill of >rm40k in July. I am seeking suggestion from fellow forummers on which creditcard or combination of cards would give the max cash back. Thanks

This post has been edited by MGM: Jun 11 2015, 05:29 PM

wow, that's huge amount. no insurance to cover?

anyway, what cc you have at the moment?

Self-insured now, operation@IJN, currently holds MBB2, PBB-VS, HLwise, CitiPM, CIMB-MC-Plat, RHB-MC-Plat, Watami, Aeon-Gold, OCBC-MC-Blue and HSBC-Amanah.

watami is a must. not sure whether ijn accept amex? if yes, that's your 2nd choice.

do you have ge insurance policy? if yes, you may convert your blue card to ge card before payment. but not sure you can delay payment until you receive your ge card or not. if can, this is your 3rd choice.

if 2nd and 3rd options can't, just use watami also good as it still offers 0.4% points to cash in direct conversion.

Will use rm5000 on Watami. IJN accepts MBB2Amex, so 5xTP equivalent to 1.25%CB? OCBC GE card earns 1%CB without capping? Thanks victorywp. Any other choice?

oh ya, ocbc ge card got 1k capping. but since ijn accepts amex, so you just use 5k with watami and the balance with mbb2amex la which tp equivalent to 1.25% cash voucher value.

hope everything is okay bro